BE Group’s rights issue of MSEK 260 oversubscribed

The new share issue in BE Group with preferential rights for the company’s
shareholders, for which the subscription period ended on 4 June 2015, has been
oversubscribed. 97 percent of the shares offered have been subscribed for with
subscription rights and 3 percent of the shares offered have been allocated to
persons who have notified a wish to subscribe for additional shares in addition
to what they subscribed for with subscription rights. In total, such
notifications have been received corresponding to an amount of approximately
MSEK 110, or 42 percent of the shares offered. Hence, the rights issue guarantee
undertakings have not been made use of.

Allocation of shares that were subscribed for without subscription rights has
been made in accordance with the principles outlined in the prospectus that has
been prepared in connection with the rights issue and that was published on 15
May 2015. Notification regarding such allocation will within short be sent to
those who have been allocated shares.

Through the rights issue, BE Group receives MSEK 259.7 before deduction of
transaction costs. The share capital will increase by SEK 185,474,367 to SEK
260,202,495 and the number of shares will increase by 185,474,367 shares to
260,202,495 shares. Trading in the new shares on Nasdaq Stockholm is expected to
commence during week 27, 2015.

Financial and legal advisors
Erik Penser Bankaktiebolag is acting as financial advisor and Mannheimer
Swartling Advokatbyrå AB is acting as legal advisor to BE Group in connection
with the rights issue.

For further information, please contact:
Lars Engström, Acting President and CEO
tel.: +46 (0)734-11 79 01 e-mail: lars.engstrom@begroup.com

Andreas Karlsson, CFO
tel.: +46 (0)709-48 22 33 e-mail: andreas.karlsson@begroup.com

BE Group, listed on the Nasdaq Stockholm exchange, is a trading and service
company in steel and other metals. BE Group provides various forms of service
for steel, stainless steel and aluminium applications to customers primarily in
the construction and engineering sectors. In 2014, the Group reported sales of
SEK 4.2 Bn. BE Group has approximately 750 employees, with Sweden and Finland as
its largest markets. The head office is located in Malmö, Sweden. Read more
about BE Group at www.begroup.com

Important information
This press release may not be released, published or distributed, directly or
indirectly in or into the United States, Australia, Hong Kong, Canada or
Singapore or any other jurisdiction where such action is wholly or partially
subject to legal restrictions or where such action would require additional
prospectuses, registrations or other actions in addition to what follows from
Swedish law. Nor may the information in this press release be forwarded,
reproduced or disclosed in such a manner that contravenes such restrictions or
would require such requirements. Failure to comply with this instruction may
result in a violation of applicable securities laws.

No subscription rights, BTAs (interim shares) or new shares have or will be
registered under the United States Securities Act of 1933 (“Securities Act”) or
securities legislation in any state or other jurisdiction in the United States
and may not be offered, subscribed, sold or transferred, directly or indirectly
within the United States, other than pursuant to an exemption from the
registration requirements of the Securities Act and in accordance with
securities laws in relevant state or other jurisdiction in the United States.